Sandisk Corporation (NASDAQ: SNDK) is a flash-memory and data-storage company positioned across artificial intelligence infrastructure, data centers, edge devices and consumer storage.

The central investment argument for SNDK is that AI requires more than processors. Training and operating AI models also require large volumes of data to be stored, transferred and retrieved efficiently. This creates demand for NAND flash, high-capacity enterprise solid-state drives and new storage architectures.

Sandisk’s fiscal 2026 results showed a sharp improvement in revenue, profitability and data-center exposure. However, part of that growth came from higher NAND pricing, making the company sensitive to semiconductor cycles, supply-demand…